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The GDP growth of national economies is modelled by the logistic function. Applying it on the GDP data of the World Bank till the year 2020, we forecast the outcome of the competitive GDP growth of Japan, Germany, UK and India, all of whose…

Physics and Society · Physics 2022-11-08 Arnab K. Ray

Deep learning (DL) creates impactful advances following a virtuous recipe: model architecture search, creating large training data sets, and scaling computation. It is widely believed that growing training sets and models should improve…

The popularity of deep reinforcement learning (DRL) methods in economics have been exponentially increased. DRL through a wide range of capabilities from reinforcement learning (RL) and deep learning (DL) for handling sophisticated dynamic…

Statistical Finance · Quantitative Finance 2020-04-06 Amir Mosavi , Pedram Ghamisi , Yaser Faghan , Puhong Duan

Generalized Disjunctive Programming (GDP) provides an alternative framework to model optimization problems with both discrete and continuous variables. The key idea behind GDP involves the use of logical disjunctions to represent discrete…

Optimization and Control · Mathematics 2020-01-20 Arnab Bhattacharya , Xu Ma , Draguna Vrabie

The correlation between G7 countries has been analysed on the basis of Gross Domestic Product using different distance functions i.e. discrete, linear correlation and distribution distance. The distance matrics is analysed by various graph…

Physics and Society · Physics 2012-10-03 J. Miśkiewicz , M. Ausloos

This study examines the effects of de-globalization trends on international trade networks and their role in improving forecasts for economic growth. Using section-level trade data from nearly 200 countries from 2010 to 2022, we identify…

General Economics · Economics 2024-04-16 Thiago C. Silva , Paulo V. B. Wilhelm , Diego R. Amancio

Inflation is a major determinant for allocation decisions and its forecast is a fundamental aim of governments and central banks. However, forecasting inflation is not a trivial task, as its prediction relies on low frequency, highly…

Econometrics · Economics 2023-03-30 Maximilian Tschuchnig , Petra Tschuchnig , Cornelia Ferner , Michael Gadermayr

While the field of electricity price forecasting has benefited from plenty of contributions in the last two decades, it arguably lacks a rigorous approach to evaluating new predictive algorithms. The latter are often compared using unique,…

Applications · Statistics 2022-04-07 Jesus Lago , Grzegorz Marcjasz , Bart De Schutter , Rafał Weron

This paper introduces a new event-based measure of bilateral geopolitical alignment and provides evidence that it shapes economic growth. The measure is built from 373,020 geopolitical events across 193 countries over 1960--2024, compiled…

General Economics · Economics 2026-04-10 Tianyu Fan

The importance of predicting stock market prices cannot be overstated. It is a pivotal task for investors and financial institutions as it enables them to make informed investment decisions, manage risks, and ensure the stability of the…

Statistical Finance · Quantitative Finance 2024-09-02 Aayush Shah , Mann Doshi , Meet Parekh , Nirmit Deliwala , Pramila M. Chawan

Relational inference aims to identify interactions between parts of a dynamical system from the observed dynamics. Current state-of-the-art methods fit the dynamics with a graph neural network (GNN) on a learnable graph. They use one-step…

Machine Learning · Computer Science 2023-12-21 Liming Pan , Cheng Shi , Ivan Dokmanić

Energy usage and GDP have been the subject of numerous studies over the past decades. It has been overlooked by previous studies that energy consumption correlates with economic growth in relation to GDP. This study uses threshold…

The Global Change Analysis Model (GCAM) simulates complex interactions between the coupled Earth and human systems, providing valuable insights into the co-evolution of land, water, and energy sectors under different future scenarios.…

It is important to predict how the Global Mean Temperature (GMT) will evolve in the next few decades. The ability to predict historical data is a necessary first step toward the actual goal of making long-range forecasts. This paper…

Applications · Statistics 2023-03-14 Debdarsan Niyogi , J. Srinivasan

Inflation remains a persistent challenge for many African countries. This research investigates the critical role of machine learning (ML) in understanding and managing inflation in Ghana, emphasizing its significance for the country's…

Econometrics · Economics 2024-10-10 Theophilus G. Baidoo , Ashley Obeng

Financial markets have a vital role in the development of modern society. They allow the deployment of economic resources. Changes in stock prices reflect changes in the market. In this study, we focus on predicting stock prices by deep…

Machine Learning · Computer Science 2019-09-27 Jialin Liu , Fei Chao , Yu-Chen Lin , Chih-Min Lin

Prediction is one of the major challenges in complex systems. The prediction methods have shown to be effective predictors of the evolution of networks. These methods can help policy makers to solve practical problems successfully and make…

Social and Information Networks · Computer Science 2019-04-05 Hao Liao , Xiao-Min Huang , Xing-Tong Wu , Ming-Kai Liu , Alexandre Vidmer , Mingyang Zhou , Yi-Cheng Zhang

The world is becoming more globalized every day and people can buy products from almost every country in the world in their local stores. Given the different food and feed safety laws from country to country, the European Union began to…

Machine Learning · Computer Science 2022-02-16 Alberto Nogales , Rodrigo Díaz Morón , Álvaro J. García-Tejedor

Strategic Traffic Management Initiatives (TMIs) such as Ground Delay Programs (GDPs) play a crucial role in mitigating operational costs associated with demand-capacity imbalances. However, GDPs can only be planned (e.g., duration, delay…

Optimization and Control · Mathematics 2024-02-26 Haochen Wu , Xinting Zhu , Shuchang Li , Ying Zhou , Lishuai Li , Max Z. Li

The 2030 Agenda for Sustainable Development of the United Nations outlines 17 goals for countries of the world to address global challenges in their development. However, the progress of countries towards these goal has been slower than…

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